The Spanish Ministry of Ecological Transition (MITECO) has awarded €360 million (US$415 million) to 1.14GW of solar PV co-located with battery energy storage system (BESS) projects.
IPP Sonnedix has closed a €730 million (US$841 million) financing for the refinancing, optimisation, and construction of renewable energy assets across Southern Europe.
Solar irradiation in Western Europe has increased by 50% above-average during Spring, according to an analysis by weather data and software provider Solargis.
Independent power producer BNZ has closed a financing deal worth €680 million (US$741million) to fund its ongoing solar portfolio expansion plans in southern Europe.
Green hydrogen production could give solar PV deployment a boost in Southern Europe, writes Aurora Energy Research research lead expert of Southeastern Europe Panos Kefalas.
PV Tech spoke with Alejandra Pérez-Plá, regional manager – Mediterranean at financial advisory firm Global Capital Finance about challenges related to land acquisition for utility-scale solar PV projects in Southern Europe, how to manage these issues and grid modernisation.
Aquila Clean Energy EMEA – the European renewables platform from Aquila Group – has signed an 800MW PV module supply deal with Trina Solar for Aquila’s project pipeline in Southern Europe.